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Generally, pure ethanol is more or less 100 percent alcohol. And to sell pure ethanol there is a requirement of license in India. Many times denaturing agents like ketones are added to ethanol.
Pure ethanol generally absorbs any water out of the thing it comes in contact with and this may lead to a burn-like scenario on skin or harm soft tissue. So, 70% ethanol is perfect for use as a disinfectant.
Yes, ethyl alcohol is an effective hand sanitizer. In fact, ethanol and 2-propanol are the only 2 alcohols that are used as hand sanitizers.